Where
This is an online event.Contact
Carly CarmosinoMechanical Contractors Association of Eastern Missouri
314-571-6600
carly@mca-emo.com
Knowing the Score: Understanding the Impact of Project Forecasting
Many contractors do not understand the serious implications of failing to monitor and forecast projects. Companies that do not produce project status reports and work-in-progress reports could be receiving erroneous financial information and may be making ill-advised business decisions based on that information. Better financial planning enables project staffs to maintain and run more profitable, less problem-prone, projects.
This course will address the following questions:
- How are monthly project status reports and work-in-progress reports produced?
- How should these reports be interpreted and what do they mean to the company?
- What are over- and under-billings and why is it critical to book them monthly?
- How do financial statements work and what do they mean?
- What do surety companies look for?
Instructor Information
KATHRYN CROSBY, C2 Consulting, Inc.
Kathryn Crosby is President and owner of C2 Consulting, Inc. a firm that provides financial, safety and other consulting services and training. Before starting her own business, she was Vice President/CFO for a Utah-based commercial and industrial mechanical contractor. Crosby served on the MCAA National Board of Directors and was Chairperson of the Project Managers Education Committee charged with oversight of the Institute for Project Management at the University of Texas-Austin. She also served as a Management Trustee for the Utah Pipe Trades Pension and Welfare Trust Fund and currently serves on the faculty for the Institute for Project Management.